Bloomberg News

Stiglitz Says Euro Currency Could Dissolve at ’Any Time Now’

October 25, 2011

Oct. 25 (Bloomberg) -- Nobel Prize-winning economist Joseph Stiglitz said the euro currency could dissolve “any time now,” and that the nations of the euro area are unlikely to “really” solve their sovereign debt crisis.

Speaking to reporters in Toronto, the Columbia University economics professor said a big crisis in Europe would likely spread across the world.

To contact the reporter on this story: Colin McClelland in Toronto at cmcclelland1@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net


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